This acquisition will further strengthen Host Europe’s position as a leading provider of enterprise hosting solutions to small and medium-sized enterprises, and enable the company to deliver highly technical solutions to its client base.
Thomas Vollrath, CEO of Host Europe Group said: “We are excited to welcome TOS to our Group portfolio. Combining TOS’ significant high-end hosting expertise with our cloud and mass hosting capabilities will mean we are better placed than ever to deliver everything any organisation needs to be successful online.”
TOS provides full managed hosting solutions, customer specific application services as well as portal projects. Host Europe Group manages more than five million registered domains and specialises in cloud and virtualisation solutions, as well as Software-as-a-Service (SaaS).
The combined group will create a unique player in the German market as the enlarged company will be able to offer a full complement of hosting services; alongside customised solutions for individual customers’ needs.
“We are delighted that Host Europe Group is acquiring TOS. We believe Host Europe Group is the ideal owner for the business to further extend the already successful hosting business of TOS,” says René Schuster, CEO at Telefónica Deutschland. “We would like to thank all employees for their dedicated work which has contributed greatly to the growth of TOS and we wish them great success in becoming part of the Host Europe Group”.
Telefónica Deutschland is disposing of TOS as it continues to focus on its core business mobile and fixed net and the development of its mobile data business.
Completion of the transaction is subject to customary regulatory approvals.
